KLA Corporation (KLAC) Stock Soars on AI Chip Boom as Wall Street Lifts Price Targets – Latest News & Forecasts for December 2, 2025
KLA Corporation shares closed at $1,189.86 on December 2, up 2.8%, nearing record highs as analysts raised price targets and cited strong AI chip demand. The stock has surged nearly 85% in 2025, with recent reports highlighting 20% EPS growth and 13% revenue growth in fiscal Q1. Trading volume reached 0.9 million shares, above historical averages.